Word: plea
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Dates: during 1970-1979
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...Government rejected Chrysler's plea that it receive aid in the form of either federal tax refunds or immediate relief from having to meet the costly safety, environment and mileage standards on new cars. Miller said the former idea would amount to an "interest-free, unsecured cash advance from taxpayers' funds." Instead, he recommended Government loan guarantees that will have to be approved by Congress and will "total considerably less than $1 billion...
...appears to have one hope: to stay solvent in any way possible until lacocca, who is to auto sales what Patton was to tank warfare, can bring forth the cars to save the company. He will need help-and not just from Washington. The United Auto Workers rejected his plea for a wage freeze, but delegates from its Chrysler council agreed to reconsider making concessions once the UAW agrees to a new three-year contract with GM and Ford. Said UAW President Douglas Fraser: "We'll take into consideration whatever is needed for the survival of Chrysler Corp...
...Plea bargaining. This is the most common solution to delay in the criminal courts. It is frequently denounced. In theory, criminal courts determine guilt or innocence only by the most thoroughgoing "due process." In reality, justice is usually done by way of a deal: a guilty plea in return for a lighter sentence or reduced charges. The accused's "day in court" lasts only a minute or two. In one such case in California, a defendant pronounced guilty of assault with a deadly weapon exclaimed in bewilderment: "What? You mean I've been tried...
Some critics of plea bargaining complain that criminals get off too lightly. Others insist that defendants get railroaded out of their right to a trial by prosecutors who "overcharge," i.e., charge defendants with worse crimes than they committed, to force them into guilty pleas. What everyone agrees on is that plea bargaining is at best an expedient to lighten case loads...
...Lockheed was rescued with a federal loan guarantee for $250 million of its private debt. But that cost the taxpayers nothing, and by the time the Lockheed loans were paid off in 1977, the Government made a profit of $31 million in fees. Perm Central's plea for a handout in 1970 was ignored, and the Government stood by while the company went bankrupt...